Google searches for ‘WW3’ up 75-fold since Russian invasion of Ukraine March 10, 2022 Google searches for ‘WW3’ have skyrocketed by 75-times the usual rate in wake of Russia’s invasion of Ukraine. As tensions continue to mount between Moscow and Kyiv, UK internet users expressed their fears about it engulfing the rest of Europe, by asking the search engine giant if it might spell the start of a third [...]
Shell ends Russia dealings and apologises for oil purchases March 8, 2022 Shell has announced it will cease involvement in all Russian hydrocarbons following the country's invasion of Ukraine.
Johnson says inflation is a ‘price worth paying’ to defend Ukrainian freedom June 27, 2022 Boris Johnson has today said soaring inflation linked to sanctions on Russia are a “price worth paying” as he compared Vladimir Putin’s regime to the Nazis. The Prime Minister told journalists during today’s G7 summit in Germany that the economic effects of not helping Ukraine would be worse than what the UK is currently facing. [...]
High gas prices are here to stay reveals Investec, as price cap predictions hit £5,000 August 11, 2022 Higher gas prices, including in the summer when demand is supposed to be at its lowest, are a long-term trend argued asset manager Investec.
Germany turns to floating gas units to cut down dependence on Russian imports May 5, 2022 Germany has rented four floating storage and regasification units as it aims to reduce its reliance on piped natural supplies from Russia.
Fury in Brussels: Germany caves in to Russia’s rouble demands April 28, 2022 Germany has ceded to Russian President Vladimir Putin’s demand to pay for Russian gas with roubles, as the energy crisis deepens.
EU provides wriggle room for companies buying Russian gas May 16, 2022 The EU has offered companies and member states wriggle room to buy Russian gas without busting the trading bloc's sanctions.
Government chases gas deals with Norway amid supply crunch fears October 4, 2022 The Government is chasing gas deals with Norway, as it looks to ramp up supply security and ensure the lights stay on this winter.
Sunak says ‘of course’ he will provide more help for families facing rising energy bills March 20, 2022 Rishi Sunak has said that “of course” he will help households dealing with further increases in energy bills as a result of the Russo-Ukrainian war. The chancellor said that he will “stand by” people facing the cost of living squeeze in “the same way I have done in the last couple of years”. Sunak will [...]
UK ‘not protected from economic consequences’ of Russia sanctions, say MPs March 23, 2022 An influential Westminster committee has claimed the British economy is “not protected from the economic consequences” of western sanctions against Russian oil and gas, and that Rishi Sunak must bring forward help to the country’s lowest earners. A report from the Treasury Select Committee said the UK government was “right to insist” on wide-ranging sanctions [...]